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Jul 11, 2012 6:00am EDT
leaders in baltimore say the city's troubles were aggravated by bankers' manipulation of key interest rates linked to hundreds of millions of dollars the city borrowed, baltimore's been leading a battle in a manhattan federal court against the banks that determine the interest rate. including massachusetts, nassau county, long island, and california public pension system are looking at whether they suffered similar losses and weighing legal action. we'll talk more about the libor scandal with former fdic chair sheila bair. the chair bair. but she isn't chair anymore. you knew that lawyers would be able to talk people into -- >> oh, right. >> that you would find a way to -- i remember when -- the guy that elizabeth warren's -- oh, he was -- >> the ambulance chaser. >> he had magnetic business cards as ambulances went by. call me, call me, call me. now he's in charge of the -- i mean, i -- >> they'll be running ads with 800 numbers for you to call. >> oh, yeah. definitely. >> except i think there's -- maybe i'm wrong on this. there's a mistaken belief that libor impacts a lot -- it does
Jul 26, 2012 1:00pm EDT
gains of over 20% in foreclosures in cities such as philadelphia, chicago, new york, tampa and baltimore. but in the west, not so much. and that's where most of the investor activity is. sue? >> diana, thanks. >>> facebook shares trading below the ipo price of 38 bucks. social network set to report the first quarterly results as a public company today after the closing bell. of course, we'll have it for you. where do you think facebook's stock will be one year after the listing? give you the yahoo! finance poll results after a quick break. we are up 200 points on the dow jones industrial average. 255 to the plus side the high of the day and the market's holding up well with confirmation of the transports and utilities. we're back in a moment. >>> coming up at the top of this hour, former zynga bull with the green light on "street signs" after the ipo joins us for an mea culpa on the sinking stock. front lines of strong earnings there and the real story on jcpenney. we were all over the big spike yesterday. it was touched off by a tweet. see the power of tweeter. back to "power
Jul 19, 2012 6:00am EDT
the board, we saw real strong performances and especially in our large cities like baltimore, chicago, texas looks good, california looks pretty good, so las vegas looks good, so really across the country we had real strong performance. >> gary, let's talk about consolidation in the industry. obviously american air in bankruptcy, big questions about whether they're going to merge with u.s. air. your company's name has been floated out there, still in the mix, almost finished now i imagine integrating airtran. what do you think is going to happen? >> well, we've got a lot of work to do at southwest, so it's nothing that we've commented on with respect to any interest we might have. we're very busy with integrating airtran and that will take several more years. we're really pushing our new frequent flyer program and spending a lot of time with that, bringing in new aircraft type so we're very, very busy. in any event we're expecting that our competitors will simply grow stronger, and just listening to your earlier conversation, we need to be sure that we bring competitive advan
Search Results 0 to 2 of about 3